Easy cold storage with Tails Linux, and Electrum for newbies - page 2.

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

Quote from: Wind_FURY on December 17, 2018, 06:08:07 AM

6. Burn the USB. If you are very paranoid, burn the computer too.

if someone is really paranoid enough to do something like this then they must also be paranoid enough not to trust Electrum itself specifically its random number generator engine. for these people using computers is not a good suggestion.
instead they can use physical ways of creating their private keys using dice, coin flip,... there are also enough articles about how to use these methods too.

Carlton Banks

legendary

Activity: 3430

Merit: 3080

Quote from: joniboini on December 17, 2018, 07:15:49 AM

If you have a lot of books (and you can take care of them very carefully) you can use your books as a way to back up your seed. Choose 12/24 books, depends on your seeds (or just choose 1, 2, whatever you wish). In each book, mark a word (or a font) that represent your seed with invisible ink. To make it easier to remember, use the 1st page of the first book, 2nd page of the second book and so on. Take care of your books.

This would work nicely, except under one important circumstance: if everybody uses this method, then everyone knows how to find everyone else's seed, look through their books with an ultraviolet torch

When you come up with a way of storing your wallet seed in a hidden way, take this advice: don't tell anyone (in particular, don't tell the internet

)

joniboini

legendary

Activity: 2170

Merit: 1789

Quote from: Wind_FURY on December 17, 2018, 06:08:07 AM

4. Back up your seeds, and addresses.

I think this should be explained further, as this is the most important part in order to ensure that you can access your funds again.

If you have a lot of books (and you can take care of them very carefully) you can use your books as a way to back up your seed. Choose 12/24 books, depends on your seeds (or just choose 1, 2, whatever you wish). In each book, mark a word (or a font) that represent your seed with invisible ink. To make it easier to remember, use the 1st page of the first book, 2nd page of the second book and so on. Take care of your books.

And of course, this is not really the best way to backup your seeds. There are other alternatives.

ABCbits

legendary

Activity: 2870

Merit: 7490

Crypto Swap Exchange

This should be obvious, but Electrum which included on Tails isn't up-to-date. Bug regarding wallet/seed creation don't happen and new address/wallet standard rarely changed, but people should know about this fact.

Quote from: Wind_FURY on December 17, 2018, 06:08:07 AM

6. Burn the USB. If you are very paranoid, burn the computer too.

This is completely unnecessary if you use linux that only runs at RAM or you use CD-R/DVD-R as boot media. You also could remove all storage drive, leaving only your USB, CD-R or DVD-R if you're that paranoid.

Also, it's not really good action from environmental side.

Carlton Banks

legendary

Activity: 3430

Merit: 3080

Quote from: Wind_FURY on December 17, 2018, 06:08:07 AM

1. Download Tails, and make a bootable USB with it.

2. Boot Tails on an offline computer.

That works, of course. But there's no particular reason to use Tails, since you're staying offline. Tails is only different from other live os'es when using it online, any live os would work for this purpose.

Quote from: Wind_FURY on December 17, 2018, 06:08:07 AM

6. Burn the USB. If you are very paranoid, burn the computer too.

Or just use a USB based CD drive. USB flash drives are susceptible to their own class of malware, CDs are a better tech if security is the aim (CDs can be made read-only)

Also, if you're already feeling paranoid, burning USB drives (or computers) in your back yard (or anywhere) could make you feel worse. And also make you appear a little suspicious to anyone who notices you doing it.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

1. Download Tails, and make a bootable USB with it.

2. Boot Tails on an offline computer.

3. Open Electrum, and create a wallet.

4. Back up your seeds, and addresses.

5. Turn off the computer, and pull USB.

6. Burn the USB. If you are very paranoid, burn the computer too.

I believe this guide will become handy for newbies coming after the conclusion of the bear market. Cool

Topic: Easy cold storage with Tails Linux, and Electrum for newbies - page 2. (Read 687 times)